Managing and Mitigating Subcontractor efault Risk

By Mark Morris, Justin VanOpdorp, and Thomas MillerLockton Companies | August 2011 Managing and Mitigating Subcontractor Default RiskBuilding a Strong Foundation to Survive Tumultuous Times1 Mark MorrisCPA, CPCU, ARMS enior Vice President, Risk FinanceTelephone: VanOpdorpFCAS, MAAA, ACASS enior Vice PresidentManager Quantitative AnalysisTelephone: MillerSenior Vice President, Unit ManagerTelephone: following is the second installment in a three-part series on construction risk finance. Mark Morris, SVP, Lockton Construction Risk Finance, is joined by Justin VanOpdorp, SVP, Manager of Lockton s Quantitative Analysis Group, and Tom Miller, SVP, and Unit Manager, to discuss Subcontractor default and the impact on general contractors and the business of one wins when a Subcontractor fails to perform according to the terms of its contract.

B Mar Morris ust VOpdorp Thomas Miller L C Aust 211 Managing and Mitigating Subcontractor efault Risk Building a Strong Foundation to Survive Tumultuous Times

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  Risks, Managing, Subcontractor, Mitigating, Managing and mitigating subcontractor efault risk, Efault

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